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UNIT 2,
202 ELIZABETH STREET COBURG NORTH VIC 3058

This property is Off Market


  • The Average property sold price in the surrounding area is $1,064,220.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 10.80 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

For Sale Nearby

Recently Sold

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About Reservoir - West

With an average age of 39, households expect an average monthly mortgage payment of $2,387 or a weekly rent payment of $420. The average family earns a weekly income of $2,050 with a typical household size of 2.5 and a 89.68% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Coburg North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Coburg North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Coburg North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Coburg North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Coburg North a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

Are people healthy?

There are a recorded 2615 asthma sufferers and 1481 people living with diabetes. In addition, 1230 people have a heart/vascular condition and 2547 people live with three or more chronic diseases.

A good place to invest in property?

Reservoir - West a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

45 / 100

52 / 100

Industry

29 / 100

17 / 100

Population

43 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

36 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Reservoir West Primary School Coburg High School
  • St Gabriel's School

    Reservoir, VIC, 3073 Independent Prep-6

  • St Mark's School

    Fawkner, VIC, 3060 Independent Prep-6

  • Australian International Academy of Education

    Coburg, VIC, 3058 Independent Prep-12

  • Preston West Primary School

    Preston, VIC, 3072 State Prep-6

  • Fawkner Primary School

    Fawkner, VIC, 3060 State Prep-6

  • Reservoir West Primary School

    Reservoir, VIC, 3073 State Prep-6

  • Mercy College

    Coburg North, VIC, 3058 Independent 7-12

  • St Raphael's School

    Preston West, VIC, 3072 Independent Prep-6

  • Newlands Primary School

    Preston, VIC, 3072 State Prep-6


Property Story

Unit 2, 202 Elizabeth Street, Coburg North, Vic, 3058 is a residential property . The estimated distance to the sea is 10.8km and at least 3.9KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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